GFL Looks 3.9% Undervalued on GF Value™ as Acquisition Boosts Mo

GFL Environmental's stock rose 5% after reports that private equity firms, including Blackstone, Brookfield, KKR, and Energy Capital, are considering a joint bid for the company.

GFL Environmental (NYSE: GFL) shares rose 8% after reports of a potential bidding war between two private equity consortiums. The company, valued at $28 billion, is open to a deal above its current market price. CEO Patrick Dovigi may roll his stake into any transaction. Bloomberg News reports a decision could come within weeks, though regulatory scrutiny may extend the timeline.

GFL Environmental (NYSE:GFL) completed its C$6.4B acquisition of SECURE Waste Infrastructure, issuing 75.1M shares and securing a US$1B term loan. The deal adds 80+ locations and 2,000 employees, but introduces dilution and debt. GFL estimates a 5% interest rate post-swaps and targets mid-3x net leverage by year-end. SECURE's assets add cyclicality and environmental risks. GFL plans to update 2026 guidance with Q3 results.

GFL Environmental completed its acquisition of Secure Waste Infrastructure, expanding its western Canada presence. The deal, valued at $6.4B, was financed with 80% stock and 20% cash, including a $1B U.S. term loan. Secure's management will remain, and the company will be delisted from the TSX. GFL expects the acquisition to accelerate its 2028 EBITDA target of over $3B. Secure reported H1 2024 revenue of $805M, up 10% YoY.

GFL Environmental completed its acquisition of SECURE Waste Infrastructure, adding over 2,000 employees. The deal was financed through a credit facility, new shares, and a $1 billion term loan. GFL expects the acquisition to boost its scale and accelerate financial targets. SECURE shares will be delisted, and GFL shares issued to SECURE shareholders will begin trading on September 2.

GFL Environmental Inc (NYSE: GFL) shares rose 3.1% on August 28, 2026, amid progress in its sales process and completion of a C$6.4 billion acquisition. The company's P/S ratio is 3.02, above its historical median, reflecting growth expectations despite unprofitability. GFL has a GF Score™ of 63, with strengths in valuation and growth but weaknesses in financial strength and momentum. Institutional sentiment is cautious, with 7 gurus trimming positions and 2 adding.